Quality of Life
Orlando is often referred to in person and in news as:
- The City Beautiful
- Theme Park Capital of the World
Some of Orlando’s superlative features:
- One of the world’s most-visited cities
- Located in east-central Florida just miles from the Atlantic Ocean
- Orange County’s county seat
- The state’s fourth-largest city
- The 71st-largest city in the nation
- The Orange County Convention Center is the nation’s second-largest and adds to the city’s culture and art offerings.
Local Real Estate Market
The total area is 113.75 square miles, which is 105.22 square miles of land and 8.53 square miles of water. There are 115 neighborhoods located within the city limits as well as many unincorporated communities. The homes are fairly new, with about 30% having been built following 2000 and most of the remainder being built before and during the1960s. The average home price is $245,400 with appreciation over the past 10 years being 32.2% and currently up 8.6%. If you are looking to sell your house for cash in Orlando, give the FL Home Buyers a call today to learn more.
About half the dwellings are single detached homes. Small and large apartment buildings with sizes from lofts up to four or more bedrooms are also present in the types of housing. Renters make up 52.5% of the housing. Many locations have access to public green spaces including more than 100 parks nearby for residents to enjoy.
The city itself had a population in 2019 of 287,442. The entire metropolitan area had a population of 2,509,831 in July 2017, which made it Florida’s third-largest such area, the Southern USA’s sixth-largest, and the USA’s 23rd-largest. Orlando was settled in 1843 and incorporated as a city February 4, 1885.
Orlando has a subtropical humid climate with the most pleasant months being March, April, and November. The least comfortable months are July and August. High temperatures are normally in the lower to mid 90s from May until late in September, and low temperatures from October through April usually fall in the mid 70s. Many climate characteristics result from the Gulf Stream flowing around what is a peninsula.
Orlando has seen the job market increase by 3.9% over the past year. Future job growth is predicted to be 51.0% over the next ten years, which is higher than the national average of 33.5%. The average resident income is $25,664 a year compared to the national average of $28,555.
Cost of Living
Zillow’s cost of living index is based on the national average of 100. The Orlando cost of living is 104.1, which means it is more expensive. Housing is the biggest factor in the difference in the cost of living. Some residents live within walking distance of one of more than 500 supermarkets and are served by more than 2,100 restaurants and cafes.
According to Best Places, Orlando has 297 schools comprising 211 public schools and 86 private schools that spend $9,506 per student with the national average $12,383. The University of Central Florida is the country’s largest university in enrollment. Other state universities are Florida State University College of Medicine and Florida A&M University College of Law.
Crime is ranked by Best Places on a scale of 1 (low crime) to 100 (high crime. Violent crime is 44.1 with the US average 22.7, and property crime is 81.0 with the US average 35.4.
There are two airports are the Orlando Executive Airport and the Orlando International Airport (MCO), the latter being the nation’s 13th-busiest airport and the world’s 29th-busiest. There is a public transit network and 50 bus lines with bus stops usually within walking distance.